88E 50.0% 0.3¢ 88 energy limited

Lets not discount the conventional play estimated Net mean...

  1. 313 Posts.
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    Lets not discount the conventional play
    estimated Net mean recoverable assests
    1BBO with 88E 77% WI = 770mBO to 88E
    @ $3 p/b = $2.3 BN
    equivalent of 0.41c p/share - without any further CR / dilution going forward

    That is without Yukon gold.

    So even if IW2 doesnt flow, holding for a 0.20-0.40 valuation on the conventional is not bad from where we are now.
 
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